Nordstrom to cut from 350 to 400 jobs
NEW YORK (AP) — Nordstrom Inc. says it will be cutting about 350 to 400 jobs as it looks to be more nimble at a time where shoppers are shifting their spending more online.
The upscale department store, based in Seattle, says the cuts will be primarily in its corporate center and regional support teams. The process should be completed by the end of its fiscal second quarter. The changes will mean $60 million in savings for the current fiscal year.
Nordstrom says that it's first looking at closing unfilled open positions to minimize the impact on current employees.
The changes come as Nordstrom, like other retailers, tries to integrate its physical stores with online services and improve its supply network.
The layoffs follow job cuts by other retailers including Wal-Mart and Macy's.